fica taxes are supposed to be split evenly between workers and employers. Do you think the tax incidence actually falls equally on workers and employers? If not, who do you think pays more of the tax?
The tax incidence will... View the full answer
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FICA which stands for Federal Insurance Contributions Act pays for the SSN together with the medicare... View the full answer
- You can find more from here https://pdfs.semanticscholar.org/0e47/fc891e9939d43c114721de23e86b60f384cd.pdf and This second one explains more https://quizlet.com/181132802/econ-101-flash-cards/
- May 10, 2018 at 1:49pm